Compensation, Rewards and Performance Manager (m/f/d)

130 years of trust, time to shape what's next. Allianz Group is one of the world's leading insurers and asset managers - built on over a century of stability, expertise, and financial strength. Allianz Services is where that legacy meets the future. 8,200+ people. Eight countries. Three continents. We deliver specialized services to clients within Allianz Group, powered by AI, advanced analytics, and a mindset that refuses to stand still. From core insurance operations to engineering and consulting services, we reimagine how insurance works. What truly sets us apart are our people and the trusted partnerships we build, anchored in our values of expertise, integrity, and empowerment. We don't support the business. We shape it.”

Role Overview:

As Compensation, Rewards and Performance Manager, you will play a pivotal role in shaping and driving the total rewards and performance strategy for Allianz Services Mauritius. You will lead the design and restructuring of compensation frameworks, ensuring market competitiveness through regular salary benchmarking and market surveys, while maintaining internal equity through robust job evaluation and grading methodologies.

Your expertise in performance management cycle design and administration — including goal setting, calibration, performance ratings and merit review processes — will directly influence employee engagement, retention, and organisational effectiveness. You will leverage HRIS and compensation platforms (SuccessFactors), advanced AI and Microsoft Excel modelling, and strong data analytics and reporting capabilities (PowerBI) to deliver insights that inform leadership decisions.

You will champion confidentiality, data integrity and regulatory compliance across every aspect of the compensation and rewards function.

What You Do:

- Design, implement and continuously improve compensation and benefits structures across multiple departments, conducting salary benchmarking and market surveys to ensure competitive positioning and effective vendor and consultant management with external survey providers and benefits brokers
- Manage the annual compensation review cycle, including merit increases, bonus calculations, incentive plan administration and equity adjustments (ESPP), ensuring alignment with budget parameters and business performance through detailed data analytics and reporting
- Lead the end-to-end performance management process, coordinating goal setting, mid-year reviews, annual appraisals and calibration sessions with senior leadership and HR Business Partners, driving consistency and fairness across the organisation
- Develop and maintain job architecture frameworks, including job evaluation, grading and levelling, ensuring roles are accurately mapped and aligned with market data and internal equity principles
- Administer employee benefits programmes — including health insurance, pension, wellness and recognition schemes — managing enrolments, renewals, cost analysis and employee query resolution to ensure a seamless employee experience
- Prepare compensation and rewards reporting, dashboards and analytics for leadership, including cost modelling, pay equity analysis, attrition-linked compensation insights and audit support documentation, maintaining robust internal controls and governance
- Partner with Business, Finance and Legal stakeholders to ensure all compensation and rewards practices comply with local labour laws, tax regulations and statutory requirements across all operating jurisdictions, and act as an escalation point for complex or sensitive compensation matters

What You Bring:

- 10+ years of experience spanning compensation and benefits design, rewards strategy, performance management and HR analytics
- Bachelor's degree in HR, Finance, or a related field; postgraduate qualifications and/or professional certifications in Compensation, Rewards, or Total Rewards Management are advantageous
- Proven track record in managing complex compensation programmes, market benchmarking, job evaluation and annual review cycles within a shared services or multinational environment
- Experienced in performance management frameworks, calibration processes, incentive plan design, pay equity analysis and HR governance
- Articulates ideas with clarity and impact, both in writing and verbally. Skilled at crafting and delivering compelling narratives — whether prepared or improvised — that engage audiences and drive buy-in
- Maintains exacting standards of accuracy, consistency and documentation discipline — ensuring every process, decision and output is clearly recorded and audit-ready. Excels at prioritising workloads, managing multiple deadlines simultaneously, and maintaining structured, well-organised ways of working under pressure.
- Prior experience in a compensation and rewards leadership role within a global organisation or consulting firm is highly desirable

What We Offer:
Come to the Allianz side! We have attractive Compensation and Benefits:

- Fixed Benefits - We place people at the core of what we do, this is why we are committed to your personal wellbeing and professional growth
- Flexible Benefits - We care about the performance of our employees, and we know it can only be reached by ensuring your proper work-life balance: Medical Insurance, Private pension, many other benefits
- Rewards and Recognition Program and Personal Development plans
- Complete Training Curricula available, LinkedIn Learning
- Flexible working environment (work from home, hybrid)

Disclaimer:

- Tasks may be added, removed, or modified at any time during the course of employment to reflect evolving business needs, organisational priorities, or operational requirements.
- Any such changes shall be discussed with the employee's direct Line Manager and formally notified to the employee in writing within a reasonable timeframe.
- No task shall be added or modified in such a manner as to fundamentally alter the essence, nature, or core purpose of the role without the employee's prior consultation and agreement.

108604 | Human Resources | Professional | Non-Executive | Allianz Services | Full-Time | Permanent

About Allianz

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges is what makes us a unique employer.

We are united by a shared commitment: to put our customers first and at the center of everything we do. Their needs inspire our thinking and guide our actions.

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.

We therefore welcome applications regardless of ethnicity or cultural Internal background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.